India : Garment Retailer plans 450 stores
\nAugust 10, 2014<\/p>\n
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Garments manufacturer Koutons Retail India Ltd is looking for a turnover of Rs1,800 crores by 2014 and to achieve this has aggressive growth plans of opening 1,000 stores across the nation by 2014-2014.<\/p>\n
It earlier had just 74 stores in March last year and is focusing mainly on spreading its wings in the western and southern parts of the country<\/p>\n
Koutons plans to rise up to 450 stores by the end of this financial year and will launch at least 150 stores in the south.<\/p>\n
It will fund this expansion through private equity, internal accruals and borrowing from the debt market.<\/p>\n
UTI Ventures recently invested Rs27 crores in Koutons and the company had plans to go for a Rs140 crores IPO.<\/p>\n","protected":false},"excerpt":{"rendered":"
India : Garment Retailer plans 450 stores August 10, 2014 Garments manufacturer Koutons Retail India Ltd is looking for a turnover of Rs1,800 crores by 2014 and to achieve this has aggressive growth plans of opening 1,000 stores across the nation by 2014-2014. It earlier had just 74 stores in March last year and is […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"yoast_head":"\n